Steve Cohen has the votes for ownership approval of Mets sale, Alex Rodriguez/Jennifer Lopez would not

Steve Cohen has the 23 votes required to approve his purchase of the Mets, according to two sources with direct knowledge of the process. If New York City mayor Bill de Blasio moved to kill the deal, the group led by Alex Rodriguez and Jennifer Lopez would not have the votes, per those sources.

Chicago White Sox owner Jerry Reinsdorf is widely expected to vote no on Cohen, and could bring three or four owners along with him, according to a person with direct knowledge of the process. Beyond that potential coalition, owners plan to support Cohen’s plan.

As SNY reported last week, the vote is expected to occur this week. Soon after, perhaps next week, the sale would close and Cohen would take control of the team.

The only known potential delay would be a review of the sale by de Blasio’s office.

As first reported by USA Today,

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Fiat, PSA to win EU approval for $38 bln merger – sources

By Foo Yun Chee and Giulio Piovaccari

BRUSSELS/MILAN, Oct 26 (Reuters)Fiat Chrysler and PSA are set to win EU approval for their $38 billion merger to create the world’s No.4 carmaker, people close to the matter said, as they strive to meet the industry’s dual challenges of funding cleaner vehicles and the global pandemic.

The green light from the European Commission would formalise the creation of Stellantis, a carmaking group that could tap hefty profits from selling Ram pickup trucks and Jeep SUVs to U.S. drivers to fund the expensive development of zero-emission vehicles for sale in Europe and China.

The all-share merger announced late last year would unite brands such as Fiat, Jeep, Dodge, Ram and Maserati with the likes of Peugeot, Opel and DS – while targeting annual cost cuts of 5 billion euros ($6 billion) without closing factories.

The Commission and France’s PSA PEUP.PA

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Condo associations sue VB over approval of 22-floor expansion for upscale retirement community

Westminster-Canterbury on Chesapeake Bay has proposed building a 22-story tower on the site of the Casa de Playa condominiums and former Lynnhaven Fish House (Courtesy: City of Virginia Beach)

VIRGINIA BEACH, Va. (WAVY) — Despite winning recent approval from City Council, the fight against a controversial 22-floor expansion to an upscale retirement community in Virginia Beach isn’t over.

Multiple condo associations are suing the City of Virginia Beach for City Council’s approval of Westminister-Canterbury on Chesapeake Bay’s plans to build what would be the third-tallest building in the city on the bay.

The $250-million expansion project would add a 22-floor independent living facility and parking garage and a seven-story tall assisted living facility to the community. In total, the project would add 340 units: 217 units in the 22-story building and 123 total units in the seven-story building for assisted living and memory care units.

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B.C. condo owner fined $27,000 for renting out apartment without strata approval

A tribunal has ordered a B.C. condo owner to pay fines totalling $27,000.

Monica Copeland was found to have rented out her apartment without first securing the approval of the strata council in violation of the strata’s bylaws.

Copeland bought the Central Saanich condo in 2014, and her daughter Morgan then began living in the unit.

In 2018, a person identified only as LA began to live with Morgan.

Copeland argued before the B.C. Civil Tribunal that LA was not renting, and was her daughter’s companion.

Moreover, the condo owner claimed that LA was not a tenant because there is no evidence that she paid rent.

However, B.C. Civil Resolution tribunal member Julie K. Gibson noted that the Residential Tenancy Act defines rent as “money paid…or a value or a right given or agreed to be given, by or on behalf of a tenant to a landlord”.

“The RTA definition

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Victory Square Technologies Portfolio Company Receives Approval for Sale & Distribution of …

  • Victory Square Health received CE from EU competent authority of Belgium for Safetest 15 Minute Rapid Test antibody test for distribution, sale, and usage throughout the European Union on October 16, 2020
  • The Safetest 15 Minute Covid-19 Rapid Test has a 96.6% Sensitivity, and can confirm whether one is currently infected with the virus causing Covid-19 or whether one was infected before and was unaware of the infection
  • Over 4.5 million Covid-19 cases and 198,886 deaths reported in the EU / EEA as of October 17, 2020
  • This Safetest Covid-19 Rapid Test approval now enables Victory Square Health to distribute throughout the 27 countries and 446M inhabitants, which make up the European Union
  • This EU approval for the Safetest 15 Minute Rapid Test is in addition to the Company’s proprietary Elisa test approval issued by the EU / EEA on September 14, 2020

VANCOUVER, British Columbia, Oct. 19, 2020 (GLOBE

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Global Eagle Receives Court Approval for Sale

LOS ANGELES, Oct. 15, 2020 (GLOBE NEWSWIRE) — Global Eagle Entertainment Inc. (“Global Eagle” or the “Company”), a leading provider of media, content, connectivity and data analytics to mobility end-markets across air, sea and land, today announced that the U.S. Bankruptcy Court for the District of Delaware has approved the sale of substantially all of the Company’s assets to a group comprising the Company’s first-lien investors (the “Investor Group”). As a result of the sale, Global Eagle will reduce its total debt by approximately $475 million and obtain significant additional liquidity, positioning it to continue driving long-term innovation and growth.

As previously announced, the Investor Group comprises Apollo Global Management, Inc., Eaton Vance Management, Arbour Lane Capital Management, L.P., Mudrick Capital Management, Sound Point Capital Management, Carlyle Group, or one or more of their respective affiliates, and certain funds and accounts under management by BlackRock Financial Management, Inc., among others.

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Texas GLO to take control of Houston’s Harvey housing recovery funds with HUD’s approval

The Texas General Land Office will take control of Houston’s Hurricane Harvey housing recovery program after receiving approval from federal officials, even as a lawsuit challenging the takeover remains pending.

George P. Bush et al. standing next to a man in a suit and tie: George P. Bush, commissioner of the General Land Office arrives to discuss long-term Hurricane Harvey recovery funds during a news conference at the Houston City Hall Annex on Thursday, June 28, 2018, in Houston. The recovery efforts include the first round of funding for buyouts through CDBG-DR funds.( Brett Coomer / Houston Chronicle )

© Brett Coomer, Staff / Houston Chronicle

George P. Bush, commissioner of the General Land Office arrives to discuss long-term Hurricane Harvey recovery funds during a news conference at the Houston City Hall Annex on Thursday, June 28, 2018, in Houston. The recovery efforts include the first round of funding for buyouts through CDBG-DR funds.( Brett Coomer / Houston Chronicle )

The green light from U.S. Department of Housing and Urban Development officials came late Monday, 45 days after the Texas Supreme Court overturned a lower court ruling that had blocked Land Commissioner George P. Bush’s agency from performing recovery work in Houston. State officials had said the ruling allowed them to move ahead with the takeover by seeking approval

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